Very often potential borrowers are lured by the fact that promise to provide consumer loans or cash loans within 15 minutes at the time of treatment, and from the potential borrower in obtaining such loans will not need to provide any documents other than passports. Attentively read the contract, the borrower may not pay attention to the fact that the rate at which he pays the loan, not a fixed and floating, i.e. In other words, people with low incomes, why not try to live logically, and only based on their own emotions.

If the potential borrower has decided to purchase a vacation property in this way, a potential borrower is to start looking not financial institutions, and reputable construction company that is willing to provide such services. Again, this is entirely the fault of the client, so with such a claim in court you can not even walk, he'll stand on the side of the Bank. Base this can be a violation of one of the parties to the contract.

And one of the main reasons for such purchases, according to leading psychologists, is the uncertainty that tomorrow these goods are still on sale. Refinancing, or refinancing, is a procedure in which the borrower takes a new loan and expense extinguishes the old.

However, even then it will be necessary to observe a number of important formalities, among which is the fact that cost of urban real estate serving as collateral must not be lower than the estimated amount of the loan. Because of problems with re-registration of mortgage, you will need to obtain the consent of the Bank, your Bank is unlikely to agree to repay such a large loan on your own risk, not having the right collateral.